JTEKT Corporation Reports Mixed Q1 2025 Results

JTEKT Corporation ( (JTEKF) ) has released its Q1 earnings. Here is a breakdown of the information JTEKT Corporation presented to its investors.

JTEKT Corporation, a prominent player in the automotive and industrial machinery sectors, is known for its production of steering systems, driveline components, bearings, and machine tools. The company operates primarily in the automotive, industrial, and machine tool markets, with a strong presence in Japan and North America.

In its latest earnings report for the three months ending June 30, 2025, JTEKT Corporation reported a slight decline in revenue by 2% year-on-year to 454,794 million yen. Despite the revenue dip, the company saw a significant increase in business profit by 63.8% to 14,036 million yen and a 21.4% rise in operating profit to 13,526 million yen. However, the profit attributable to owners of the parent company fell by 39.8% to 6,510 million yen.

Key financial highlights include a notable increase in business profit across all segments, particularly in the industrial and bearings segment, which saw a 245.8% rise in business profit due to cost reductions. The machine tools segment also performed well, with a business profit increase of 84.2% driven by higher sales in North America and China. However, the automotive segment faced challenges with a revenue decrease of 2.2% due to unfavorable foreign exchange rates and decreased sales in Europe and China.

Looking ahead, JTEKT Corporation maintains its full-year forecast with expected revenue of 1,770,000 million yen and a 45.8% increase in profit attributable to owners of the parent company. The company remains cautiously optimistic, acknowledging the challenging economic environment influenced by global trade policies and economic slowdowns in key markets.